Moree has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -25.96% to date .
Over the longer term, Moree has seen property prices show investors a -16.30% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Moree is giving property investors an average Vendor Discount of around -9.97%. This puts suburb at number 45th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 1.70%, investors should hope to achieve an overall return of 7.02%
Over the last year, property investments in Moree, 2400 have given investors a capital gain of 0.00%. This compares badly with the 5.59% for NSW as a whole.